NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Trading Up 0.7% – Still a Buy?

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report)’s share price was up 0.7% during mid-day trading on Tuesday . The company traded as high as $25.58 and last traded at $25.57. Approximately 2,910 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 10,298 shares. The stock had previously closed at $25.38.

NETLease Corporate Real Estate ETF Price Performance

The stock has a market cap of $57.57 million, a price-to-earnings ratio of 21.73 and a beta of 1.02. The firm’s 50-day moving average is $26.61 and its 200 day moving average is $24.98.

NETLease Corporate Real Estate ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 24th were given a $0.10 dividend. The ex-dividend date was Tuesday, September 24th.

NETLease Corporate Real Estate ETF Company Profile

(Get Free Report)

The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.

Further Reading

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